Buck Bully
[Forbes] BitcoinBTC, ethereum and other major cryptocurrencies have crashed along with the S&P 500 and stock prices this year (with some people betting on ‘a $28 trillion opportunity’). The bitcoin price has plummeted around 70% from its all-time highs, dropping under $20,000 per bitcoin, and dragging on other top ten […]
[MoneyWise] Bank of England recently bought £19.3 billion of U.K. government bonds to prevent a collapse in the country’s pension industry. In the eyes of Rich Dad, Poor Dad author Robert Kiyosaki, that’s a sign to acquire three specific alternative assets. “Bank of England pivot means buy more GSBC,” he […]
[Fortune, AP] The dollar is up 18% this year and last month hit a 20-year high, according to the benchmark ICE U.S. Dollar Index, which measures the dollar against a basket of key currencies. The cost of living in Cairo has soared so much that security guard Mustafa Gamal had to send […]
[The Motley Fool] KEY POINTS Polygon makes Ethereum faster and cheaper to use for everyone. New technology will help increase speeds further and promote more development on the blockchain. With multiple partnerships with some of the world’s more recognizable brands, 2022 has been a year of building for Polygon. Polygon’s […]
[CNN Business] Stubborn inflation and the Federal Reserve’s jumbo-sized interest rate hikes will drive the American economy into a 1990-style mild recession starting in the spring, Fitch Ratings warned on Tuesday. In a report obtained first by CNN, Fitch slashed its US growth forecasts for this year and next because of one of the […]
[Yahoo! Finance] Walmart (WMT) made headlines late last year, when the company sought several new trademarks that signaled its intent to make and sell virtual goods in the metaverse. Now, the retail giant’s Global Chief Technology Officer says crypto transactions will be right “in the middle” of its digital strategy […]
[CNBC] KEY POINTS Job openings in August totaled 10.05 million, a 10% drop from the 11.17 million reported in July and more than a million less than expected. The Job Openings and Labor Turnover numbers are watched closely by the Federal Reserve, which is trying to reverse runaway inflation that […]
[MarketWatch, Getty Images] Investors eye U.K. meltdown with caution, but find yields they like. Things could always get worse. That was the message from investors hitting the sell button in September as the Federal Reserve renewed its vow to use rapid interest rate hikes to fight stubbornly high inflation, even if it […]